Most 2nd-gen Bitcoiners aren't prepared for what's coming next.
Discussion
Pump?
No
State attacks on the infrastructure while wall street and co are buying as much of the supply as they possibly can. Most will hit a learning curve to maintain control over their money and/or to keep it KYC and tax free.
See, with only 5% of the supply outstanding something OGs have talked about for many years is suddenly a very realistic scenario. "How could you take control of Bitcoin without taking over the network?" - Buy as much of the supply as possible and then attack the infrastructure (wallets and co). Will that drive Bitcoin to 1M? Possibly. Is it great? That's a matter of perspective.
Thanks for that explanation. Makes sense and explains the sudden increase in thumb screws.
🧐🤓